Us Code § 2158 - Purchase and sale by Federal Reserve System
Full text of Us Code United States Code § 2158 — Purchase and sale by Federal Reserve System, with citation guidance and answers to common questions.
§ 2158. Purchase and sale by Federal Reserve System
Any member of the Federal Reserve System may buy and sell bonds, debentures, or other similar obligations issued under the authority of this chapter and any Federal Reserve bank may buy and sell such obligations to the same extent and subject to the same limitations placed upon the purchase and sale by said banks of State, county, district, and municipal bonds under section 355 of this title.
(Pub. L. 92–181, title IV, §4.7, Dec. 10, 1971, 85 Stat. 612.)
About This Section
12 U.S.C. § 2158 is part of Title 12 of the United States Code. The United States Code is the official codification of federal statutes maintained by the Office of the Law Revision Counsel of the U.S. House of Representatives. Congress amends the Code through new public laws, which are eventually incorporated into the relevant title.
This section may be cited in legal writing as 12 U.S.C. § 2158. For the most current official text, including any recent amendments, use the official source links below. Do not rely on this page as the sole authority for legal citation or litigation.
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